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Crypto boss Changpeng Zhao seeks discovery from Bloomberg for libel action over ‘Ponzi scheme allegation’

Changpeng Zhao

Chinese-Canadian crypto exchange boss Changpeng Zhao has applied to take discovery from Bloomberg news service in New York for use in a defamation complaint he filed in Hong Kong against one of its local affiliates following the publication of an article whose Chinese headline allegedly translates to “Zhao Changpeng’s Ponzi Scheme”.